Makers Corp. had additions to retained earnings for the year just ended of $141,000. The firm paid out $189,000 in cash dividends, and it has ending total equity of $4.94 million. The company currently has 120,000 shares of common stock outstanding. a. What are earnings per share
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Ответ:
the earning per share is $2.75 per share
Explanation:
The computation of the earnings per share is shown below:
Earning per share is
= (Addition to Retained earnings + Dividends) ÷ (No. of shares)
= ($141,000 + $189,000) ÷ (120,000)
= $2.75 per share
Hence, the earning per share is $2.75 per share
We simply applied the above formula
And, the same is to be considered
Ответ:
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Explanation: